Your grandfather placed $6,000 in a trust fund for you today. In 18 years, the fund will be worth $14,000. What is the rate of return per year on the trust fund?

		5.24%
		4.16%
		5.44%
		4.82%

What is the total present value of $80 received in one year, $300 received in two years, and $700 received in three years if the interest rate is 5% per year?

		$939.35
		$923.83
		$952.99
		$930.20

You save $1,250 each year for 25 years (25 payments). The first payment is one year from today, and the rate of return on your investment (savings) is 8% per year. How much will you accumulate in 25 years?

		$91,382
		$68,581
		$79,061
		$105,876

Clarissa wants to fund a growing perpetuity that will pay $5,000 per year to a local museum, starting next year. She wants the annual amount paid to the museum to grow by 3% per year. Given that the interest rate is 5%, how much does she need to fund this growing perpetuity?

		250,000
		166,667
		240,000
		200,000